Executive Director, Associate General Counsel

Job Title

Executive Director, Associate General Counsel

Are you ready to make an impact at DTCC? Do you want to work on innovative projects that have the potential to positively impact the entire U.S. financial market, collaborate with a dynamic and supportive team, and receive investment in your professional development? At DTCC, we are at the forefront of innovation in the financial markets. We are committed to helping our employees grow and succeed.

We believe that our team has the skills, experience, and judgment to make a meaningful impact on the safety and stability of the financial markets. We foster a thriving, supportive internal community and are committed to creating a workplace that looks like the world that we serve.

The General Counsel's Office is a valued, trusted and responsive partner within DTCC. The team promotes and protects the best interests of the DTCC family of companies by creating and facilitating solutions, providing guidance on legal and regulatory matters and collaborating closely with its business partners in delivering innovative products and services that have the potential to re-shape the U.S. financial markets.

Pay and Benefits:

• Competitive compensation, including base pay and annual incentive
• Comprehensive health and life insurance and well-being benefits, based on location
• Pension / Retirement benefits
• Paid Time Off and Personal/Family Care, and other leaves of absence when needed to support your physical, financial, and emotional well-being
• DTCC offers a flexible/hybrid model of 3 days onsite and 2 days remote

The Impact You Will Have in This Role

The Executive Director, Associate General Counsel will serve as a senior legal advisor supporting legal and regulatory matters that impact DTCC's financial market infrastructure businesses; including, for example, issues related to risk management; bankruptcy, insolvency and default issues impacting clearing agency participants; and clearing agency recovery and wind-down planning. This role will provide practical, business-facing legal advice to senior stakeholders and cross-functional partners within NSCC and FICC, including the business, treasury;

market, financial risk management; default management and recovery and wind-down planning teams.

This is a highly visible role for a lawyer who understands financial markets, clearing, broker-dealer activity, secured financing, repos, member default scenarios, and the legal and regulatory concepts that underpin resilient market infrastructure. The successful candidate will bring deep bankruptcy and insolvency expertise, strong judgment providing legal support to highly regulated financial services infrastructure, and the versatility to contribute beyond a single specialty area — including developing, drafting and submitting proposed rule change and other regulatory filings, expertly managing regulatory communications, including in examinations, issue-spotting and providing sounds legal guidance regarding clearing-related default and risk management matters, and recovery and wind-down planning.

Your Primary Responsibilities

• Serve as a senior legal advisor on regulatory legal matters impacting DTCC's clearing agency businesses, including, for example, the risk management, bankruptcy, insolvency and default management issues impacting clearing agency participants and clearing agency recovery and wind-down planning.
• Provide legal support to NSCC and FICC internal stakeholders, including the treasury, financial risk management and default management, compliance, on matters involving member defaults, liquidity and other financial risk management matters, clearing agency recovery and resolution planning, and related financial market infrastructure issues.
• Advise on legal and regulatory implications of bankruptcy and insolvency scenarios involving clearing agency participants, including broker-dealers, banks, or other market participants.
• Support recovery and wind-down planning, including legal analysis connected to default management, member failure scenarios, and market resiliency.
• Draft, review, and advise on regulatory filings, rule changes, member communications,…